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GI registration to help boost exports
Pink salt from the Salt Range Mountains of Pakistan to be registered under the GI law
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NFC panels to ponder over new formula
Under the 7th NFC, the provinces get 57.5% of the total taxes collected by the Federal Board of Revenue
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Oil extends losses as Texas prepares to ramp up output
Texas refiners had halted about a fifth of US oil processing amid power outages and severe cold
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Market watch: KSE-100 reverses bearish trend
Benchmark index gains 84.91 points to settle at 46,227.65
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Govt to rationalise agri seed business
Food minister says cotton production severely affected this year
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Pakistan’s imports pick up pace
Jump comes on back of growing demand for local consumption and exports
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Govt to decentralise power sector
Move aimed at incentivising devolved generation and distribution in future
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Pakistani start-up introduces voice search
Shopsy.pk’s new update will allow customers to use their voice to navigate its website
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Envoy stresses exchanging information to boost trade
Says South African businessmen aware of investment opportunities in Pakistan
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UAE, Czech envoys eye Pakistan’s energy sector
Discuss matters related to cooperation in field of energy with federal minister
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IMF deal envisages Rs700b taxes in next fiscal
Global lender asks govt to reduce number of income tax slabs
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China overtakes US as EU's biggest trading partner
Eurostat identifies Britain as third-largest trading partner for bloc
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Oil gives up gains after rising above $65 on Texas freeze
Largest energy-producing state in US grapples with refining outages and oil and gas shut-ins
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Market watch: PSX descends as investor confidence shaken
Benchmark KSE-100 index falls 625.4 points to settle at 46,142.74
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PLL seeks higher LNG margins
Govt ends monopoly of state-run firms in LNG market by opening it to private sector
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Pakistan lacks research on household debt
Experts term it critical for evidence-based policies and decision-making
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Bitcoin smashes through $50,000 mark
Acceptance of cryptocurrency among mainstream investors and firms fuels rally
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Oil prices close to 13-month highs
Uptrend supported by Texas cold snap that shut wells in oil-producing state
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RDA attracts over $500m
PM thanked overseas Pakistanis as 50% of inflows came in last six weeks
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IT task force’s slow progress irks prime minister
Premier says no concrete progress has been made except for one TOR
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Filipino brands keen to gain market share
Envoy, Lahore Chamber stress need to uplift bilateral trade
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Steel prices fall after steep rise
Decline a sigh of relief for recovering construction industry
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Model economic zone to be set up under CPEC
Punjab finance minister for utilising TEVTA to train locals
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Rupee weakens against dollar
The rupee weakened against the US dollar at Rs159.54 in the inter-bank market
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Market watch: PSX snaps two-day winning streak
Benchmark index falls 99.81 points to settle at 46,768.14
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New cars set to enter auto sector of Pakistan
Lucky Motors plans to launch Kia Sorento model
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SBP eases rules for house loan applicants
With the aim to facilitate banks in extending low-cost finance, SBP will accept personal guarantee of third party
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Experts lay stress on regional connectivity
Highlight need for connectivity with neighbours for sustained growth
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Expert proposes task force to address telecom issues
Use of illegal signal boosters has led to distortion in spectrum
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Remittances remain strong over $2b
Inflows from overseas Pakistanis surge 19% to $2.27b in January 2021
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CDWP okays two projects worth Rs5b
Recommends three schemes of Rs53.5 billion to ECNEC for review
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FBR flouts orders to pay tax refunds
Finance minister had directed it to clear up to Rs50m income tax refunds in seven days
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FBR to launch track and trace system by July
Scope of system will be expanded to industries like sugar, cement and fertiliser
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Rupee weakens against dollar
The rupee weakened against the US dollar at Rs159.27 in the inter-bank market
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Oil prices near 13-month highs, supported by Texas cold snap
Gains capped by wage deal in Norway that averted supply disruptions in Europe
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IMF agrees to revive Pakistan’s stalled $6 billion bailout programme
Agreement would pave the way for release of $500 million third loan tranche, says official statement
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Market watch: KSE-100 extends gains with 492-point rise
Benchmark index advances 1.06% to settle at 46,867.95
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Need for economic system reset
Pakistan requires system that ensures equality of opportunities
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Improving public service delivery via digitisation
Digital technologies can contribute to wider welfare goals such as quality healthcare
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Political economy of elitism
Pakistan is often described as elitist state where economy is captured by a few
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Export push: an encouraging trend in economic recovery
Producers must upgrade machinery, equipment to ensure better competitiveness
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Govt indefinitely extends war on terror tax
Gives sweeping income tax concessions to local and overseas Pakistanis through new ordinance
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Oil hits 13-month highs as market re-balances
Russian deputy PM says market is recovering and price could average $45-60 per barrel this year
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Market watch: Six-day bearish spell ends, bourse rises 567 points
Benchmark KSE-100 index soars 1.24% to settle at 46,375.59
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PM Imran rejects OGRA’s proposal for hike in POL prices
The regulator had proposed an increase of Rs14.07 in petrol price
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Engineering firms struggle for funds
Lack of loans for modernisation impacting export orders from global markets
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Investors eye shares of hotels
Look for companies that may be first to bounce back when pandemic recedes
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Citigroup slashes CEO’s pay by 21%
Citigroup slashes CEO’s pay by 21%
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Daimler Trucks wants clean tech investments in Germany
Seeks to increase its appeal to investors as focused electric, luxury cars business
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KSE-100 ends all sessions in red
Benchmark index falls over 1,097 points as selling pressure persists